Is It Covered? Tenant Damage
March 21, 2023
Many assume that ANY kind of damage done by a tenant will be covered. This is simply not the case. Though coverages vary, certain types of damage done by tenants
Author: MacKenzie Coder
Is It Covered? Theft & Vandalism
March 21, 2023
Theft and Vandalism coverage can be one of the most confusing aspects of a property insurance policy. What are the differences between theft, vandalism, and burglary? Are these coverages available
The Importance of Knowing a Property’s Claim History
March 16, 2023
MYTH: A CLAIM MADE BY THE PROPERTY’S PREVIOUS OWNER SHOULDN’T AFFECT THE SUBSEQUENT OWNER’S INSURANCE RATE How great would this be? Not having to pay for the “sins” of the
Tornado Preparation for Investment Properties
March 16, 2023
Catastrophic weather events are unpredictable and can escalate quickly. Once they begin, there is usually little time to run for cover. Natural disasters don’t wait on humans to be ready
Is It Covered? Sewer Backup
March 16, 2023
Many property owners think they automatically have coverage for Sewer Backup at their investment property. However, most homeowners and business insurance policies do not cover Sewer Backup unless it is
REInsurePro’s Smoke Detector Recommendations
March 2, 2023
Fires are one of the most sudden, destructive, and deadly losses we see on claims. Regular inspections, fire suppression tools, and emergency planning are all crucial components of fire safety.
Retaining Investor Clients in a Hard Property Market
March 2, 2023
You have likely heard it before; it is easier to keep a client than it is to get a new one. Acquiring a new client can cost up to five
Service Line Coverage for Investment Properties
March 1, 2023
Do your investor clients know that damage to external service lines is not covered under a standard property policy? Depending on the type and severity of the damage, repair work
Protecting Properties from the Damaging Effects of Earth Movement
February 22, 2023
The U.S. Geological Survey reports that 42 states have a reasonable chance of experiencing a damaging earthquake. In the United States, there are more than 5,000 earthquakes each year. Yet,
Basic vs Special Form Coverage
February 22, 2023
Basic, Broad, and Special are the three industry-wide property coverage forms available to investors. There can be up to a 30% difference between these policy forms. Ultimately, it is up